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SWNTX vs. VTEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SWNTXVTEX
YTD Return1.76%-3.34%
1Y Return6.77%4.89%
3Y Return (Ann)-0.41%-25.91%
Sharpe Ratio2.270.09
Sortino Ratio3.470.47
Omega Ratio1.531.06
Calmar Ratio0.810.05
Martin Ratio9.810.20
Ulcer Index0.70%20.20%
Daily Std Dev3.02%43.47%
Max Drawdown-12.93%-91.38%
Current Drawdown-2.20%-79.38%

Correlation

-0.50.00.51.00.1

The correlation between SWNTX and VTEX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

SWNTX vs. VTEX - Performance Comparison

In the year-to-date period, SWNTX achieves a 1.76% return, which is significantly higher than VTEX's -3.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
1.84%
0.44%
SWNTX
VTEX

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Risk-Adjusted Performance

SWNTX vs. VTEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Tax-Free Bond Fund™ (SWNTX) and VTEX (VTEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


SWNTX
Sharpe ratio
The chart of Sharpe ratio for SWNTX, currently valued at 2.27, compared to the broader market0.002.004.002.27
Sortino ratio
The chart of Sortino ratio for SWNTX, currently valued at 3.47, compared to the broader market0.005.0010.003.47
Omega ratio
The chart of Omega ratio for SWNTX, currently valued at 1.53, compared to the broader market1.002.003.004.001.53
Calmar ratio
The chart of Calmar ratio for SWNTX, currently valued at 0.81, compared to the broader market0.005.0010.0015.0020.0025.000.81
Martin ratio
The chart of Martin ratio for SWNTX, currently valued at 9.81, compared to the broader market0.0020.0040.0060.0080.00100.009.81
VTEX
Sharpe ratio
The chart of Sharpe ratio for VTEX, currently valued at 0.09, compared to the broader market0.002.004.000.09
Sortino ratio
The chart of Sortino ratio for VTEX, currently valued at 0.47, compared to the broader market0.005.0010.000.47
Omega ratio
The chart of Omega ratio for VTEX, currently valued at 1.06, compared to the broader market1.002.003.004.001.06
Calmar ratio
The chart of Calmar ratio for VTEX, currently valued at 0.05, compared to the broader market0.005.0010.0015.0020.0025.000.05
Martin ratio
The chart of Martin ratio for VTEX, currently valued at 0.20, compared to the broader market0.0020.0040.0060.0080.00100.000.20

SWNTX vs. VTEX - Sharpe Ratio Comparison

The current SWNTX Sharpe Ratio is 2.27, which is higher than the VTEX Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of SWNTX and VTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.27
0.09
SWNTX
VTEX

Dividends

SWNTX vs. VTEX - Dividend Comparison

SWNTX's dividend yield for the trailing twelve months is around 3.41%, while VTEX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SWNTX
Schwab Tax-Free Bond Fund™
3.41%3.06%2.33%1.67%1.97%2.31%2.42%2.34%2.24%2.22%2.30%2.38%
VTEX
VTEX
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SWNTX vs. VTEX - Drawdown Comparison

The maximum SWNTX drawdown since its inception was -12.93%, smaller than the maximum VTEX drawdown of -91.38%. Use the drawdown chart below to compare losses from any high point for SWNTX and VTEX. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.20%
-79.38%
SWNTX
VTEX

Volatility

SWNTX vs. VTEX - Volatility Comparison

The current volatility for Schwab Tax-Free Bond Fund™ (SWNTX) is 1.51%, while VTEX (VTEX) has a volatility of 6.69%. This indicates that SWNTX experiences smaller price fluctuations and is considered to be less risky than VTEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
1.51%
6.69%
SWNTX
VTEX